The cryptocurrency market has grown at a much quicker rate than anyone could have imagined and has given life to some of the best Bitcoin Cash gambling sites online.
Although, many people still don’t really understand how the system works. This can overwhelm customers considering cryptocurrencies, as it’s hard to trust something you don’t understand. However, with Bitcoin Cash, it normalizes the system as many sportsbook users often work with e-wallets.
- Typically NO transactions fees
- Funds are instantly available at sportsbook
- Extremely safe and secure
What is Bitcoin Cash?
Bitcoin Cash, or “BCH” for short, has been around since the fall of 2017, while it’s old brother Bitcoin has been around for over a decade now. Bitcoin cash functions differently from the decentralized blockchain technology, which allows Bitcoin transactions to work online.
Bitcoin Cash was introduced as a solution to the increasing costs and slower transactions when using Bitcoin. While Bitcoin Cash has been a great success, it has raised questions about the validity and overall merit of the centralized Bitcoin system.
Now that Bitcoin is in circulation, many of the top-rated online sportsbooks are taking it on as a deposit method. Bitcoin Cash can be accessed through a variety of different methods, functioning through various e-wallets including mobile, desktop, hardware and paper wallets.
Choosing the best Bitcoin Cash betting site
Choosing the best Bitcoin Cash betting site isn’t an easy task, as there are just so many different sportsbooks available. However, as we mentioned before, take a look through our list of the very best Bitcoin Cash sites.
It’s important to consider a number of things when looking to deposit for the first time. The first thing is to look at the various bonuses available to users. Notably, the Welcome Bonus as it’s the first-time deposit bonus that offers the biggest reward to customers. New users should explore the various other advantages featured on-site for Bitcoin Cash users.
Bigger bonuses with Bitcoin Cash
It’s widely accepted that Bitcoin Cash commands the best bonuses among the major online providers, as it’s quick simple and effortless for the sportsbook. When compared to other depositing and withdrawal methods, Bitcoin Cash is just so quicker, easier and less hassle for the user, which is what makes it so appealing today.
In terms of fees and bonuses, it’s difficult to provide an accurate figure for what you’ll find at any of the various online sportsbooks. Though, a generalized figure would be anywhere from 100% up to $200-$1600. Major sportsbooks offer great rates on Bitcoin Cash deposits, so when choosing a provider always consider the reputable sportsbooks first for swift, safe and to enjoy a healthy betting experience.
Are there any fees when using Bitcoin Cash?
One of the first questions sportsbook users should be asking is about fees. When depositing money sportsbooks often attached fees, which can be quite high depending on the sportsbook provider in question. Normally, there are fees attached to deposits, though they’re quite low for the most part.
There are some sportsbooks that don’t attach any fees on deposits. Another point worth noting is that there are so many different e-wallets to hold Bitcoin Cash in, which means sportsbooks may have their own fees and limits for each e-wallet. There are many to choose from, but here are a few of the most common wallets used by sportsbook fans;
- Coinbase
- Jaxx
- Stash
- Strongcoin
- Mobi
- Coinomi
- Webmoney
